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Thai Union Feedmill PCL (BKK:TFM) Days Inventory : 39.73 (As of Dec. 2023)


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What is Thai Union Feedmill PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thai Union Feedmill PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿503 Mil. Thai Union Feedmill PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿1,155 Mil. Hence, Thai Union Feedmill PCL's Days Inventory for the three months ended in Dec. 2023 was 39.73.

The historical rank and industry rank for Thai Union Feedmill PCL's Days Inventory or its related term are showing as below:

BKK:TFM' s Days Inventory Range Over the Past 10 Years
Min: 36.08   Med: 42.02   Max: 45.73
Current: 43.19

During the past 7 years, Thai Union Feedmill PCL's highest Days Inventory was 45.73. The lowest was 36.08. And the median was 42.02.

BKK:TFM's Days Inventory is ranked better than
81.7% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs BKK:TFM: 43.19

Thai Union Feedmill PCL's Days Inventory declined from Dec. 2022 (46.41) to Dec. 2023 (39.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai Union Feedmill PCL's Inventory Turnover for the three months ended in Dec. 2023 was 2.30.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Thai Union Feedmill PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.39.


Thai Union Feedmill PCL Days Inventory Historical Data

The historical data trend for Thai Union Feedmill PCL's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thai Union Feedmill PCL Days Inventory Chart

Thai Union Feedmill PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 36.08 45.73 42.02 42.82 40.05

Thai Union Feedmill PCL Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.41 46.46 43.93 45.87 39.73

Competitive Comparison of Thai Union Feedmill PCL's Days Inventory

For the Farm Products subindustry, Thai Union Feedmill PCL's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thai Union Feedmill PCL's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Union Feedmill PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thai Union Feedmill PCL's Days Inventory falls into.



Thai Union Feedmill PCL Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Thai Union Feedmill PCL's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (564.41 + 454.249) / 2 ) / 4642.06*365
=509.3295 / 4642.06*365
=40.05

Thai Union Feedmill PCL's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (551.847 + 454.249) / 2 ) / 1155.402*365 / 4
=503.048 / 1155.402*365 / 4
=39.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Thai Union Feedmill PCL  (BKK:TFM) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Thai Union Feedmill PCL's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Thai Union Feedmill PCL's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Thai Union Feedmill PCL Days Inventory Related Terms

Thank you for viewing the detailed overview of Thai Union Feedmill PCL's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Union Feedmill PCL (BKK:TFM) Business Description

Traded in Other Exchanges
N/A
Address
89/1 Moo 2, Rama 2 Road, Kalong Subdistrict, Mueang District, Samut Sakhon Province, Samut Sakhon, THA, 74000
Thai Union Feedmill PCL is a manufacturer and distributor of aquatic feed in Thailand. Business is organised into four reportable segments; Shrimp feed products; Fish feed products; Livestock feed products and Others. The firm generates the majority of its revenue from Shrimp feed products. Geographically it exports to Pakistan and others and drives key revenue from Thailand.

Thai Union Feedmill PCL (BKK:TFM) Headlines

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